The trend of the pancake yesterday was quite volatile, first experiencing a significant drop followed by a substantial rebound. Now, it has basically recovered all the losses from yesterday morning. Currently, it has encountered resistance at yesterday's high point and has started to oscillate downwards. Will it be able to continue breaking through the previous high points and rise significantly this afternoon and evening? Or will it continue to decline sharply and test the lows again? In yesterday's video, we clearly advised everyone not to fear adjustments, to buy when prices drop, and to boldly go long at support levels. Last night at 8:45, Bitcoin formed a clear double bottom pattern on the hourly chart. Our group, led by Dan vvvvv bityangming, accurately bottomed out and went long at 8:45, which was essentially a money-making opportunity. Friends in the group once again capitalized on this and collectively took profits at the high point this morning.

So, what should we do this afternoon and evening? Should we continue to wait for opportunities to go long, or immediately switch to shorting? Hello everyone, today's operational strategy this afternoon is actually very simple. Although there has been a pullback at the previous high on the hourly chart, this pullback is quite normal. We need to look at yesterday's trend; the bulls remain relatively strong, and the four-hour chart has already repaired the divergence pressure that occurred yesterday. Therefore, this afternoon and evening, there are basically two possible trends. The first is a slight oscillation and pullback followed by stabilization, then gathering strength to break through again in the evening. However, for a breakthrough to happen tonight, it will need to be supported by a rise in the U.S. stock market this evening. The second trend would be a deeper pullback, testing the support of yesterday's trend line once again. This afternoon, we should closely observe the stabilization of smaller movements during the pullback. For example, if we see a double bottom or a bottom divergence pattern on the 15-minute chart this afternoon, then we can continue to go long. Conversely, if there is continuous downward pressure this afternoon, the bulls can temporarily hold back and continue to observe, patiently waiting for the right opportunity.